{
  "report_rows": [
    {
      "kpi": "Q2 2026 adjusted EPS",
      "prediction": "BEAT",
      "answer": "pred ~$0.98 vs. cons $0.96",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 revenue",
      "prediction": "IN-LINE",
      "answer": "pred ~$1.00B vs. cons $0.995B",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "Q2 2026 North America segment margin",
      "prediction": "MISS",
      "answer": "pred ~23.8% vs. cons 24.2%",
      "confidence": "LOW"
    }
  ],
  "guide_rows": [
    {
      "kpi": "FY2026 adjusted EPS guidance midpoint",
      "prediction": "LOWER",
      "answer": "guide ~$3.80 vs. cons $3.84 (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 revenue guidance midpoint",
      "prediction": "UNCHANGED",
      "answer": "guide ~$3.95B vs. cons $3.95B (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 North America segment margin",
      "prediction": "LOWER",
      "answer": "guide ~23.8% vs. cons 24.0% (FY2026)",
      "confidence": "MEDIUM"
    },
    {
      "kpi": "FY2026 China local-currency sales growth",
      "prediction": "LOWER",
      "answer": "guide ~-13% vs. cons -12% (FY2026)",
      "confidence": "LOW"
    }
  ],
  "day1_residual_pct": -3.5,
  "day1_confidence": "MEDIUM",
  "day5_residual_pct": -5.2,
  "day5_path": "FOLLOW-THROUGH",
  "day5_rationale": "A modest Q2 EPS beat is likely to be outweighed by FY2026 midpoint math of ~$3.80 versus consensus of $3.84; weaker North America margin and China assumptions should drive estimate revisions lower after the initial reaction.",
  "day5_confidence": "MEDIUM"
}